
El Cajon, California 92021
This property presents a High-Potential Investment Opportunity with a List Price of $398,500—positioned well above the $347,338 Fair Market Value by -14%. While the property requires significant capital for modernization due to its Condition Rating of 5, it offers a blank canvas for strategic repositioning. The unit provides immediate possession for Buy-and-Hold Investors or Owner-Occupants looking to build equity through renovation. Its central El Cajon location ensures proximity to essential services, making it a viable asset for those prioritizing long-term value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 745 E Bradley Ave 107 Subject | $398,500* List Price | 2 | 1 | 806 | $431 | - |
A 888 Cherrywood Way 12 Sold | $399,000 | 2 | 2 | 1,024 | $390 | 0.7 mi |
B 1701 Summertime Dr. Active | $399,000 List Price | 2 | 1 | 893 | $447 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 (47 years old) with no evidence of recent renovations. The listing explicitly describes the property as a 'value-add' and 'as-is' opportunity requiring renovation and repositioning, suggesting significant deferred maintenance and outdated systems/finishes consistent with the 'Poor' criteria.
This property serves as a prime investment opportunity, allowing buyers to build equity through strategic renovations and repositioning in the rental or resale market.
Situated in a convenient El Cajon neighborhood, the condo offers easy access to local shopping, dining, public transportation, and major East County thoroughfares.
With no long-term tenant commitments, the new owner can take possession immediately to begin improvements or occupy the residence without delay.
The property is being sold in its current state with no seller repairs, necessitating an upfront investment of time and capital for necessary upgrades.
Built in 1977, the unit likely requires modernization of systems and finishes to meet current market standards and maximize its functional appeal.
VALUE-ADD CONDO OPPORTUNITY. An investment property offering the next owner the chance to unlock additional value through improvements and thoughtful repositioning. This property is being offered as-is, allowing a buyer to bring their own vision and investment strategy to the property. The condo provides the potential for the new owner to take possession and evaluate the property's next chapter without a long-term tenant commitment. Renovate and reposition for the rental market, make strategic improvements for long-term ownership, or explore the property's potential as an owner-occupied residence. This is a property for buyers who recognize the opportunity to create value rather than simply purchase a turnkey home. The existing property provides a foundation for improvements that may enhance its appeal, functionality, and future marketability. Conveniently located in El Cajon with easy access to shopping, dining, transportation, and surrounding East County communities. Condo offered in its present condition. Seller will not be making repairs or improvements. Buyer to conduct their own investigations and satisfy themselves regarding condition, suitability and potential improvements. Bring your vision, renovation strategy, and investment plan to this value-add opportunity!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 806 | 984.595 |
| Lot Size | - | 97,331.676 |
| Price | $398.5K | $434.4K |
| Price per sq ft | $494 | $444 |
| Built year | 1977 | 1985 |
| HOA | $430.0 | $436 |
| Days on market | 5 | 56 |
Sep 4, 2026
$398,500
Initial Listing